Economic Analysis of Social Security System in Today's China's Countryside

Abstract

To establish a complete villagers' social security system is one of the important steps in constructing new socialist villages. Theoretically speaking, establishing villagers' social security system is the need of welfare, social production and management of macro-demand. Nowadays, China has the ability to bear the expense of establishing villagers' social security system. As far as the existing state of rural areas is concerned, the function of land and family security is weakening, the social security need of peasant workers in cities in urbanization is increasing, and the rural population is aging. All these urgently need perfecting villagers' social security. Considering the existing state of China, currently four principles and three emphases should be maintained.